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Spirit AeroSystems Holdings (STU:S9Q) Construction In Progress : €102 Mil (As of Mar. 2024)


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What is Spirit AeroSystems Holdings Construction In Progress?

Spirit AeroSystems Holdings's quarterly construction in progress increased from Sep. 2023 (€81 Mil) to Dec. 2023 (€109 Mil) but then declined from Dec. 2023 (€109 Mil) to Mar. 2024 (€102 Mil).

Spirit AeroSystems Holdings's annual construction in progress declined from Dec. 2021 (€104 Mil) to Dec. 2022 (€96 Mil) but then increased from Dec. 2022 (€96 Mil) to Dec. 2023 (€109 Mil).

Spirit AeroSystems Holdings Construction In Progress Historical Data

The historical data trend for Spirit AeroSystems Holdings's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Spirit AeroSystems Holdings Construction In Progress Chart

Spirit AeroSystems Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.52 180.84 103.63 96.48 109.12

Spirit AeroSystems Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.39 78.55 80.58 109.12 101.75

Spirit AeroSystems Holdings Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Spirit AeroSystems Holdings (STU:S9Q) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Spirit AeroSystems Holdings Inc (STU:S9Q) » Definitions » Construction In Progress
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Traded in Other Exchanges
SPR:USA
Address
3801 South Oliver Street, Wichita, KS, USA, 67210
Website
https://www.spiritaero.com
Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's 737 program, which accounts for nearly half the company's revenue.

Spirit AeroSystems Holdings (STU:S9Q) Headlines

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